NetZero Emissions Equals Higher Emissions

The Center for Research on Energy and Clean Air has reported that China is allowing the construction of two new coal-fired power plants per week and approving the building of 168 coal-fired units last year alone. However, the US is closing its coal capacity, with 12GW of capacity retired in 2022 alone and another 10GW to be phased out by 2028.

What is the US replacing all this cheap and reliable energy with? Expensive and unreliable energy from wind and solar.

Batteries are nowhere near available to supply just 1 hour of electricity. How on earth will batteries be able to supply days of electricity during weather events?

We see Europe is also turning to coal once more, as wind and solar power are proving insufficient.

China is set to become more competitive since they already have the cheapest labor with the slave labor of the Uyghur Muslims and forced child labor. Now they will also have the cheapest energy.
https://cowboystatedaily.com/2023/03/14/as-u-s-retires-coal-fired-plants-china-is-building-more-a-lot-more/

If you want to receive monthly royalty checks from oil and gas production, give us a call.
Thank you for watching.

Do you have a strategy to protect your wealth from #recession #inflation #stagflation #hyperinflation #energycrisis?

We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email.

Uncover ways to use 1031exchange #funds to #purchase a mineral property.

Visit our website. https://mineralroyaltiesgroup.com/
Listen to and like this video then Subscribe to this channel.

#oilandgas #energy #renewableenergy #offshore #oilfield #petroleum #naturalgas #energytransition #fracking #drilling #sustainability #cleanenergy #energyindustry #energyefficiency #fossilfuels #climatechange #carbonfootprint #oilprices #energynews #energysecurity

This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.